Low inventory, a scramble for available homes, and rising prices characterized 2021 in the McLean, Livingston, DeWitt County region, according to the Mid-Illinois Association of Realtors.
With inventories tight, state s housing market remains red hot myjournalcourier.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from myjournalcourier.com Daily Mail and Mail on Sunday newspapers.
Home prices increase as inventories tighten cities929.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cities929.com Daily Mail and Mail on Sunday newspapers.
WBGZ Radio 4/20/2021 |
By Kevin Bessler - Illinois Radio Network
The housing market in Illinois in 2020 was a seller s market, but a new study indicates that may begin to shift in 2021.
With historically low inventory, homes are being bought as soon as a seller puts it on the market. That lack of supply is also driving up prices as bidding wars break out with multiple offers on many homes.
A survey by Clever Real Estate found that of the homeowners who planned to sell in 2020 or in 2021, 65% delayed selling their home or decided not to sell altogether because of the pandemic. The reasons given included financial uncertainty, not wanting people coming in and out of their homes and not being ready to meet with a real estate agent.
Potential Shift in Illinois Housing Market altondailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from altondailynews.com Daily Mail and Mail on Sunday newspapers.